What next for the iGaming industry in Malta?

iGaming, also known as the online gambling industry, is one of the biggest employers in Malta. The industry has flourished across the island over the past ten years, with companies attracted by favourable regulations and the prospect of breaking into European markets. Today, the industry contributes to more than 10% of Malta’s GDP, and new companies are still regularly opening up offices around the island.

However, the iGaming industry is changing rapidly as new global markets open up, new technologies come into play, and the competition becomes tougher than ever. Today, the global iGaming market is worth more than $250 billion, and it’s growing each year. Regulatory changes have led to new markets opening up, such as Latin America, while technologies such as virtual reality and blockchain could potentially disrupt the status quo.

Why did iGaming develop in Malta?

Despite having a population of under one million people, Malta is home to 10 per cent of the world’s iGaming companies. Known as the iGaming capital of the world, Malta’s economy is hugely supported by online gambling firms which have offices within the island. In addition, the Malta Gaming Authority provides licenses...